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... Q. 9. From the following information calculate the amount of subscription outstanding as on 31st March, 2017: A Club has 200 members each paying

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Q. 9. From the following information calculate the amount of subscription outstanding as on 31st March, 2017: A Club has 200 members each paying an annual subscription of $1,000. The and Payments Account for the year showed a sum of $2,05,000 received as subscriptions. The following additional information is provided : $ Subscriptions Outstanding on 31st March 2016 30,000 Subscriptions Received in advance on 31st March 2017 40,000 Subscriptions Received in advance on 31st March 2016 14 000

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